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Right. I don't even let my work laptop onto my home LAN. It's hardwired into its own /30 VLAN and can only see the gateway and internet.

Unless you believe your employer to be malicious I doubt this brings any real world benefit

So it is on your home LAN, just on a different VLAN than your infra. (which makes sense)

Right, shares the same PHY/layer 1, but logically separated at layer 2. :)